Russia's central bank prohibits individuals from transferring cryptocurrency to self-custodied cold wallets.
Regulation & Gov ·
Russia's central bank has prohibited individuals from transferring cryptocurrency to self-custodied cold wallets, according to clarifications on Federal Law No. 282-FZ. The restriction applies to direct transfers of digital assets into personal non-custodial storage, though peer-to-peer cryptocurrency transactions between individuals remain permitted until July 2027. This measure is part of Russia's broader effort to regulate domestic crypto activity within a controlled framework ahead of its nationwide digital asset regulations launching in September 2026.